xcel
10-07-2006, 08:57 AM
For example, Honda has never used a customer cash rebate on a model in the U.S. market. (http://www.autoremarketing.com/ar/news/story.html?id=5618)
Jennifer Reed - SubPrime Auto Finance - Oct 5, 2006
http://www.cleanmpg.com/photos/data/501/2007_Honda_Civic_Sedan.jpg
Honda has the best overall retained value for the lowest TCO’s in the industry.
WESTLAKE VILLAGE, Calif. - Three-year old Hondas were worth about 68 percent of their original transaction price in August, making this automaker the highest retained value holder in the industry, according to PIN Insights. In second and third place were Toyota and Subaru, respectively.
"Honda's results were two points above the runner-up, Toyota, and more than 10 points higher than the industry average," PIN executives reported in their monthly newsletter. "The 15 nameplates with the highest retained value in August included eight Asian (among them, the top three nameplates), five European and two domestic."
PIN said the highest performing domestics were General Motors' brands, but both came in below the industry average.
"Higher retained values translate into lower lease payments and fewer incentives, among other things," PIN noted. "For example, Honda has never used a customer cash rebate on a model in the U.S. market."
According to PIN, the top 15 nameplates in retained value for August were:
Make|Past Month(s) - % Retained value|Current Month(s) - % Retained value
Honda|January - 70.02%|August - 68.7%
Toyota|January - 66.57%|August - 66.02%
Subaru|January - 63.25%|August - 62.81%
Volkswagen|January - 61.79%|August - 62.68%
Porsche|January - 56.10%|August - 62.64%
Nissan|January - 62%|August - 62.59%
Lexus|January - 64.55%|August - 60.53%
Infiniti|January - 61.41%|August - 59.55%
Acura|January - 62.48%|August - 59.44%
Mazda|January - 57.97%|August - 59.09%
BMW|January - 61.18%|August - 58.88%
||
Industry Average|January - 57.38%|August - 57.40%
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GMC|January - 57.67%|August - 57.13%
Mercedes-Benz|January - 58.69%|August - 57.02%
Chevrolet|January - 55.62%|August - 56.26%
Volvo|January - 59.82%|August - 55.76%
Jennifer Reed - SubPrime Auto Finance - Oct 5, 2006
http://www.cleanmpg.com/photos/data/501/2007_Honda_Civic_Sedan.jpg
Honda has the best overall retained value for the lowest TCO’s in the industry.
WESTLAKE VILLAGE, Calif. - Three-year old Hondas were worth about 68 percent of their original transaction price in August, making this automaker the highest retained value holder in the industry, according to PIN Insights. In second and third place were Toyota and Subaru, respectively.
"Honda's results were two points above the runner-up, Toyota, and more than 10 points higher than the industry average," PIN executives reported in their monthly newsletter. "The 15 nameplates with the highest retained value in August included eight Asian (among them, the top three nameplates), five European and two domestic."
PIN said the highest performing domestics were General Motors' brands, but both came in below the industry average.
"Higher retained values translate into lower lease payments and fewer incentives, among other things," PIN noted. "For example, Honda has never used a customer cash rebate on a model in the U.S. market."
According to PIN, the top 15 nameplates in retained value for August were:
Make|Past Month(s) - % Retained value|Current Month(s) - % Retained value
Honda|January - 70.02%|August - 68.7%
Toyota|January - 66.57%|August - 66.02%
Subaru|January - 63.25%|August - 62.81%
Volkswagen|January - 61.79%|August - 62.68%
Porsche|January - 56.10%|August - 62.64%
Nissan|January - 62%|August - 62.59%
Lexus|January - 64.55%|August - 60.53%
Infiniti|January - 61.41%|August - 59.55%
Acura|January - 62.48%|August - 59.44%
Mazda|January - 57.97%|August - 59.09%
BMW|January - 61.18%|August - 58.88%
||
Industry Average|January - 57.38%|August - 57.40%
||
GMC|January - 57.67%|August - 57.13%
Mercedes-Benz|January - 58.69%|August - 57.02%
Chevrolet|January - 55.62%|August - 56.26%
Volvo|January - 59.82%|August - 55.76%